IT Business Analyst in White Plains, New York | DiversityInc Careers
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IT Business Analyst

New York Life Insurance Company is the largest mutual life insurance company in the United States. Founded in 1845 and headquartered in New York City, New York Life reported 2017 operating earnings of $2.06 billion. Total assets under management at year end 2017, with affiliates, totaled $586 billion.


New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+ (Source: Individual independent rating agency commentary as of 8/1/17).


Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.



IT Business Analyst

  • The IT Business Analyst role will require skills in business analysis, systems analysis, documentation of business requirements, solution recommendation, and decision making. 
  • The IT Business Analyst will derive systems requirements for the Cyberlife administrative system a mainframe application which hosts Variable Life and Annuity products as well as Fixed Annuity products.
  • This role must possess an understanding of the Life Insurance and Annuity industry and products. The ideal candidate has worked on several projects following the TDLC, starting with requirements gathering, through the successful implementation of the said projects. 

Key Responsibilities

  • Interact with business as well as other BA s, conduct analysis and document business processes, functions, capabilities, requirements, etc., enabled by IT
  • Performs as liaison between the business, developer and other project BA s
  • Identify and articulate the need for change and assessing the impact of the change
  • Elicit, document, prepare and manage business requirements
  • Translate and simplify requirements
  • Document High level and detailed design of system changes
  • Establish meaningful traceability between related requirements
  • Write clear and concise systems requirements ensuring that requirement statements are complete, consistent, concise, comprehensible, feasible, unambiguous, and verifiable.
  • Verify that the implemented solution meets the requirements
  • Support the application manager to ensure key deliverables are met in an accurate timely manner assisting in the troubleshooting of problems and issues; make recommendations and provide alternative solutions when it applies.
  • Determine operational objectives by studying business functions; gathering information; evaluating output requirements and formats


Education / Training

  • Bachelor's degree in Computer Science, Business Administration, and/or equivalent work experience
  • Business Analysis CBAP or equivalent certification a plus.


Required Skills / Knowledge

  • 3+ years of relevant experience within the insurance and Annuities industry.
  • Familiarity with multiple technologies, business analysis tools, development methods and systems, and a basic understanding of programming languages
  • Familiarity with a variety of development methods, including Agile and Waterfall, and how it applies to own area of work
  • Understands complex business processes and able to document them in a logical and comprehensible manner
  • Strong written, verbal and communication skills with the demonstrative ability to work with all levels within the organization
  • Uses best practices and knowledge of internal or external business issues to improve products or services
  • Solves a broad range of problems; takes a new perspective using existing solutions
  • Works independently, receives minimal guidance






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